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Cantor Fitzgerald Sees Up to 21% Upside for Salesforce

Guavy AI Editorial Team
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CRM
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Salesforce (NYSE:CRM) received an 'overweight' rating reaffirmation from Cantor Fitzgerald, which set a price target of $250.00 for the CRM provider's stock.

This suggests a potential upside of 21.41% from Salesforce's current price of $205.92. The firm has a market capitalization of $168.65 billion and a PE ratio of 23.83.

Salesforce reported quarterly earnings per share of $3.88, beating analysts' consensus estimates of $3.13 by $0.75. The business had revenue of $11.13 billion for the quarter, compared to analysts' expectations of $11.05 billion.

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